The restoration of Somalia's first historic parliament has begun with the cornerstone-ceremony hosted by the Mayor of Mogadishu, Omar Filish. The project is part of the Federal government's larger Isxilqaan program, a reconstruction movement of Somalia's most iconic landmarks. The parliament, from 1956 to 1969, was the seat of the first three governments of the... Continue Reading →
The Federal Government of Somalia is launching an ambitious Drylands Development Project in three regions of the country. Funded by the Islamic Development Bank, the Ministry of Finance led by Dr Abdirahman Beileh has singled out three districts whose farmers will benefit from modern irrigation and pasture rehabilitation programs. The project consists of new canals,... Continue Reading →
Somali Airlines, the erstwhile flag-carrier of Somalia, and once one of the fastest growing airlines on the African continent post-independence is set for a major comeback in 2020. According to the Somali Minister of Transport, the necessary legislation for the company is ready, while the important knowledge transfer to operate and maintain a fleet of... Continue Reading →
The State of Qatar, on Monday the 19th of August, sent a large delegation to the Federal Republic of Somalia. The visit to the Somali capital of Mogadishu by the Qatari delegation was led by their Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani who was hosted by the Somali Prime Minister Hassan Ali Khaire.... Continue Reading →
As a city of 3 million people, Mogadishu is currently one of the fastest growing cities in the world and according to Demographia, its the fastest growing city on the African continent. The return of hundreds of thousands of Somali expats, a steady reconstruction boom and the prospect of job opportunities in the city all... Continue Reading →
The global sesame trade has become one of Somalia’s most lucrative hard currency earners and employs tens of thousands of farmers, as the country steadily revives its agricultural industry. According to the US backed ´Growth, Enterprise, Employment and Livelihoods (GEEL)´ project, the country exported an estimated $300 million worth of sesame in 2018, and as a... Continue Reading →
IBS Bank has become the first bank in East Africa to launch the prestigious World Elite Mastercard, which is the highest category of Mastercards and places Somalia in a good position to rebuild its financial sector. "It was a great moment of celebration in the banking industry in Somalia and for IBS Bank," said the... Continue Reading →
QTerminals has announced it has started a new weekly service; the 'Mogadishu Express', which will be a direct maritime link between Qatar and Somalia. In a post on social media on Monday, QTerminals said the service will call on the Ports of Mogadishu and Kismayo in Somalia and facilitates direct trade between the two countries... Continue Reading →
